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English 41
Search Results 0 to 49 of about 50 (some duplicates have been removed)
PBS
Jan 21, 2013 6:30pm PST
kicks off his second term with a call for national unity. >> a regional election in germany, a wakeup call for the chancellor. >> and extreme winter weather halts travel across much of northern europe. >> we start this show in washington where president obama balm has publicly taken the oath of office for his second term. he had to take it twice. >> official ceremony held in private on sunday at the white house. now the ceremonial swearing in in front of more than 700,000 people that showed up. >> and an international audience watching on tv. a lot of europeans want to know which way the world's biggest economy is headed and can politicians sort things out. here is a man that thinks he can make a difference the second time around. obama then looked forward to his next and final four years in office calling an end to the politics of division and saying the united states could achieve anything if it acted as one. >> a decade of war is now ending. an economic recovery has begun. america's possibilities are limitless, for we possess all of the qualities this world without boundaries deman
WHUT
Jan 22, 2013 7:00am EST
are coming out on the streets and to vote in an election that matters. >> we'll be live with the latest on the french intervention and where north africa is the new front in the battle against terrorism. and we will be asking why the issue of abortion is still so divided. a special report from mississippi. >> also aaron is taking a look at global unemployment, and that is a huge number, aaron. >> it's a staggering number. 197 million people around the world are now without a jofpblet 13% are under 24. are we creating a generation of non-workers? >> it's 12:00 moon in london, 7:00 a.m. in washington and 2:00 p.m. in jerusalem where more than 5.5 million israeliings are expected to vote? an election that is expected to see benjamin netanyahu return to office. he is facing relidgeous parties and while security seen by many as netanyahu's strong point, the economy has also been a big issue. more from our colleague. >> yes. welcome to jerusalem where we will be broadcasting for the next two days. israel's election. driving to the heart of a sensitive but still stagnant process of peacemaking
CNBC
Jan 21, 2013 4:00am EST
elections, is thinking fast or has been over the past two weeks of the popularity threshold and angela merkel has been riding and both of their parties are dithering. the sbc slightly inching higher and the sdu inching lower and they're both losing ground in a grander scale. it's the small parties that are the winners, definitely the green wes a record high of over 13%. they're the ones that won the election and lost it for the cdu, not stoeshl democrats themselves. and the liberals, the sdp, many had counted them out and there was an expectation or there was a fear for some that they couldn't even make the century hurdle that you need to get into parliament. they beat that. about you also for the personality ratings and the criticism on a federal scale, but that was his home turf so there was a lot of sympathy vote going in there. the big parties will have to look carefully for coalition partners. the social democrats will try to align themselves with the green that might not be enough. the stronger the greens get, the more the social democrats usually lose and something similar you h
PBS
Jan 18, 2013 6:30pm PST
democratic elections to take place in the north african country in 1991. when the islamic salvation front won the first round, the government called off the voting and cracked down on islamists, forcing many underground. including a notorious terrorist leader with ties to al qaeda. he is reportedly behind this week's attack on the remote desert gas plant. though he first made a name for himself with a string of violent attacks and dramatic kidnappings after he joined an extremist group in the late 1990's. the terror has continued to this day, but the extremists seemed to be losing support. for many algerians, even an authoritarian regime is preferable to an islamist state. algeria is rich in resources, especially gas and oil. and it has hardly any public debt, but average algerians see little benefit from the country's richest. although there is great dissatisfaction from the government, it has not helped the islamists' cause. there's too much fear the country could once again descend into civil war. >> france is reporting some initial successes in mali where government troops had recaptured
PBS
Jan 21, 2013 2:30pm PST
elections. he was asked if the president has met his expectations during the first term. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate change. in his first address, he mentioned climate change three times. and there are still problems in the country and the criticism -- is that he has given a fabulous speech but has not followed through. >> i think some of the criticism is fair but you have to also talk about his initial priorities or challenges. he is really committed to doing something about this in the second term. the deficit is one of the most difficult issues and the president -- he does not sign the appropriation bills until they are passed by congre
LINKTV
Jan 19, 2013 2:00pm PST
. and germany's ruling party tries to hold onto power in a key regional election. >> do i have remorse? absolutely. >> lance armstrong apologizes, but can he rebuilt his tarnished reputation? >>> the algerian hostage crisis is over. special forces stormed the remote gas plant, killing 11 gunmen after they took the lives of 74 hostages. -- took the lives of 7 4 hostages. dozens of people are still unaccounted for. at 29 gunmen said to have links with al qaeda are thought to have been killed. >> the first photo to emerge out of what happened shows hostages kneeling captive in the desert. in other pictures broadcast by algerian tv, they are shown group against a wall. we don't know how many of these people survived what was to come. army helicopter swooped over the complex as they were cornered by algerian special forces. the hopes of a clinical rescue operation and release of hostages have been dashed, state media reporting that seven hostages and 11 militants were killed in the final assault. workers from britain, the u.s., japan, and norway are still among those unaccounted for. in nor
LINKTV
Jan 20, 2013 2:00pm PST
elections of lower saxony is busy choosing their parliament and the result is looking extremely close. it is being seen as a dress rehearsal for several elections in september and a verdict on chancellor angela merkel herself. david mcalester represents her party and is close to her. the poll suggests is neck-and- neck with the opposition social democrats and the green party. with go live now to hand over. what is the latest you are hearing there? >> the latest we are hearing is that it's going to be a long night. we will have to wait for the regional polling stations to be counted. the parties are really neck-and- neck and it could be angela merkel's christian democratic union or it could be the greens and social democrats. this is a bellwether region. this has farmers, big industry, europe's biggest automaker, volkswagen is located here. the religious split is catholic and protestant. what happens here is will what happened across the country generally speaking. that is why angela merkel made seven campaign stops here along with david mcallister, the christian democratic premier in
KCSMMHZ
Jan 15, 2013 2:00am PST
election-year in austria, meaning that voters will go to the polls several times. regional parliaments are due to be elected in four of the country's states this spring, followed by the national election of the federal parliament this autumn. it will not be an easy campaign for the traditional parties. they face competition from a political newcomer. some austrian politicians are reminded of a time in the early 1990's when a man came from the far right and meddled with the traditional austrian political landscape. he died four years ago, and his party has since lost some of its significance, but some former supporters have now found a new political home with a new party. >> he who has the gold makes the rules -- that was the model used when introducing the party in the timber. he was born into a poor family in austria but went to canada to make his millions. now he has returned to make a dramatic entrance on the political scene. >> i am certain that this is a very important day that will go down in austrian history. i also think it will go down in the history of the world. >> the recen
KCSMMHZ
Jan 15, 2013 2:30pm PST
. this political turmoil comes just months ahead of national elections. >> instead of millions, security officials say it is more like 25,000 protesters gathered in the parliaments in islamabad. there have been isolated clashes, and there was violence as demonstrators reached the heavily fortified area around the parliament building. gunshots were heard, but it was unclear if they were from protesters or police. he is so far unknown in pakistani politics and is demanding the government step down immediately and that a caretaker government be set up to ensure that elections may reflect a truly democratic result. >> this is absolutely laughlin and democratic. we are here in front of the parliamentary house, parliament house, just to say -- save our country from collapse. and he blames the government for incompetence and corruption, and as if on cue, the country's supreme court has now ordered the arrest of the democratically elected prime minister on corruption charges. this is the government has been weak on countering terrorism. -- they say the government has been weak on countering terrorism. >>
CSPAN
Jan 20, 2013 1:25pm EST
the iranian or the midden eastern arab spring, and the american election, and the third is the pleasuring of -- blurring of fact and opinion. we lived in an era require to this where we thought there was a clear line between when journalists were presenting factual information from a neutral or fair perspective and when we were hearing opinions. that has broken down and those three changes we think have been driven by a variety of things, not the least of which is the technological revolution with we have undergone. >> host: professor, have we lost important gatekeepers of news in your view? >> guest: i think that is one of the central themes of the book, which is that we now live in a world that we call somewhat nerdly multiaxiality. what we mean by that term, the ways in which information can become public information and paid attention to by a lot of people is much more fluid, there are many more gates than there used to be. i argue you don't need gates because the walls have come down. so where we get information from, what becomes newsworthy or important, what goes
LINKTV
Jan 21, 2013 5:00am PST
. the challenge to us is to remember what we learned when we first entered this movement, that you never elect someone to make change happen for you. you elect somebody to make it a little easier for your movement to keep on making change after. and so, brothers and sisters, i implore you tonight, have a good time, party caressed well, then get right back on the battlefield tuesday morning because we took our democracy back and we ain't giving it up to nobody. thank you and god bless. fire it up. fire it up. fire it up! god bless you all. >> that was president of the naacp, benjamin jealous, speaking at the peace ball, voices of hope and resistance come here in washington, d.c. on sunday night. we will be back with more from the peace ball couldn't angela davis, sonia sanchez and others in a moment. ♪ [music break] >> sweet honey in the rock performing at the peace ball last night. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. we are broadcasting from washington, d.c., bringing you special coverage of today's inauguration as hundreds of thousands gath
KTLN
Jan 15, 2013 9:00pm PST
an election has elected islamists, and they have made it more difficult for the churches of the middle east, who are pretty significant minorities in a lot of these countries. so that has been a bad thing. >> george: tens of thousands of christians are fleeing the middle east because of persecution, yet this modern day exitous is getting little attention in the west. now a jewish group is teaming up with christians to spread the word about persecution of middle east christians. chris mitchell reports. >> reporter: almost 200 million christians face persecution each year, especially in the birthplace of their faith, the middle east. iraq is just one example. >> since 2003, there has been a systematic attack launched against the christian community, and other minorities, in iraq. unfortunately, the mainstream media and many churches really don't talk about the persecution of their brothers and sisters in christ. >> reporter: a syrian christian, julianna, had to be smuggled out of her home country due to religious persecution. she says since the end of saddam hussein reign, it has forced two-t
Current
Jan 18, 2013 4:00pm PST
that will eventually go before the united states supreme court. that's why this election was so important. if there are any vacancy on the supreme court board it is important to appoint pro-choice justices, and we have to keep fighting. especially in these states that are dominated by these ultra conservative right wing legislatures and governors where they're passing these horrific laws in an tempt to close down access. right now in the state of mississippi there is one clinic in the entire state serving one is one of the poorest populations with the highest maternal mortality rates in this country. that governor and that legislature is determined to close that only clinic. we've got to be vigilant. we've got to fight. we have public opinion on our side by the way. even in a state like mississippi. we beat the person hood initiative 58-42. we beat the public. what we don't have are the governors and state legislatures and governors. we have to keep fighting. >> kathy spillar. thank you for coming on. i really appreciate it. coming up we have oprah winfrey interfere with lance armstrong.
CSPAN
Jan 17, 2013 1:00pm EST
a former n.r.a. member? caller: the day after the presidential election, i was contacted by the n.r.a. -- if you know anything about the n.r.a., if you are a member, they do contact you quite often, mail, via phone calls, asking for money. and more money. and while i still support the n.r.a.'s positions on defending some of our rights, i also saw them as one of the largest and most powerful lobbies and the fact that they couldn't defeat president obama, at that point, i'm not throwing good money after bad, and i just decided that i wasn't going to support their financial effort anymore. host: i abottle guise for interrupting. you are a gun owner and treated for depression. caller: i am trited for depression and i haven't read the president's entire proposal veer bait im, but i just want to caution the government to take a look at this -- first of all, as a man, i'm going to tell you it's difficult for me to go to a health care professional to ever address my profession. i knew for years i was depressed, but i thought it was something i could man up, power through, get through, tak
CSPAN
Jan 18, 2013 9:00am EST
better, make an issue with their elected officials. i have some policy recommendations at the end of the. i hope people will look at this recent. >> the former head of the fdic, sheila bair on the government's role during the country's worst financial crisis since the depression. her book is "bull by the horns." sunday night at eight on c-span's q&a. >> next comic kansas governor sam brownback delivers his third state of the state address. in his remarks before the joint session of the house and senate, he gave his plans for balancing the state budget which faces a projected shortfall of $267 million for the fiscal year beginning july 1. this event in topeka is 25 minutes. >> good evening. mr. speaker, madam president, -- [applause] you jumped my laundry now going to have to repeat. you will have to do that again, i hope. i was just looking at her thinking there's a lot of new faces here. welcome. good to have you in the legislature. it's going to be a great you and they do have before i get started one quick big announcement. next year at this time the capital renovation will be complet
CNBC
Jan 22, 2013 4:00am EST
shifting to the government itself and the government is looking ahead to an election, as we talked about many, many times. and here becomes the tricky part because they're trying to embark on structural reforms, they're talking about tax reforms, as well. this will be a multi layered process and hopefully they'll be in power long enough to deliver some of those changes. i think the market was expecting for the bank of japan to come in .deliver everything that was going to solve all of japan's problems after decades of recession, then they were probably misguided. but for the moment, the reaction we're getting from people who were watching japan is they probably took as many steps as they could today to try and address this decision. >> kaori, stay with us. ed, welcome. you just heard a little bit of the back and forth. what's your own opinion here on what the boj has or hasn't delivered? >> good morning. thanks very much for having me on the show. my opinion is i completely agree with everything kaori said. even more than that, i would say to the viewing audience, look, this is the crame
KCSMMHZ
Jan 16, 2013 2:30pm PST
an office. at the last election, one in six voters cast ballots for the far right. >> it is nice that there somewhere for people to go, a place where they can get things off their chest. >> but many people oppose the presence of the npd. one is the mayor. she has started a civic group. it all started seven years ago with a demonstration. >> the brown been for npd rubbish -- we carried one of those with us -- the brown bin. >> we want to show that we are a friendly, cosmopolitan little town, and we are not brown, right wing extremists. we are colorful and diverse. >> the npd tried to infiltrate a local sports club, but the extremists were prevented from gaining a foothold. m a three or four npd people were very active. they wanted to help, but if they get a foot in the door and a training group, that effectively makes them a trainer. and at that party office, the npd offers advice to young people, including the unemployed. the message is -- we will look after you. it is not unusual to run into the deputy leader of the national npd party here. he was convicted of hate speech for de
PBS
Jan 14, 2013 6:30pm PST
topic in the national elections that are taking place letter -- later this year. >> they have been meeting and they and build that plant, which even some inside the party say will not raise -- been meeting and they unveiled that plan, which even some inside the party say will not raise support. >> the social democrat challenger for chancellor says this must stop. >> if the vast majority of german taxpayers feel as if they are the stupid ones for being honest about paying taxes, it begs the question how just is the system in this country. >> the social democrats are calling for a number of measures, including rescinding the licenses of banks accused of systematically helping tax dodgers. they want to create a central authority to investigate tax fraud and harmonize procedures across the federal states. they also want to extend the statute of limitations on tax crimes. they want to improve coordination in europe when it comes to issues like exchanging information. angela merkel's christian democrats have criticized the proposals saying they won't work, and accusing the other party of
KICU
Jan 21, 2013 4:00am PST
in 365 days. with no presidential election, no stimulus programs on the horizon and healthcare reform upheld, 2013 should be smooth sailing for the economy, right? to almost no one's surprise, it's not that simple. despite that, in our cover story, we found a few people willing to stick their necks out and share with us their predictions. most everyone we found had reason for measured optimism. housing prices, for example, are going up. "there's hope that you can climb out. that's just a game- changer." and that opens up housing- related investment, which in turn may help stocks. "i see certain sectors helping the stock market. i see that true of the housing sector. look at real estate, look at building supplies, things that have been down in the past." as for jobs, john challenger says though the economy has been adding an average of 150,000 jobs a month, we may not need that many to make unemployment itself go down. the reason - baby boomers. "there are many more baby boomers retiring, so we don't need nearly as many new jobs as we did a decade ago." as for overseas trade, china's e
LINKTV
Jan 16, 2013 7:00pm PST
yourself. >> the president is hoping americans will take that fear to heart and call their elected leaders. he wants congress to agree to ban the future production of some assault weapons and ammunition clips holding more than 10 bullets. >> weapons designed for the theater of war have no place in movie theaters. >> he wants to make sure everybody who wants to buy a gun, even from gun shows, has to pass a more comprehensive background check, and a band to armor piercing bullets. by executive order, he told federal law enforcement to begin studying the causes of gun violence. but even the man who came up with dozens of proposals is not promising a end to mass shootings. >> no one can know for certain if this senseless act could have been prevented. but we all know we have a moral obligation to everything in our power to diminish the prospect. >> information on the proposal so far does nothing about the estimated 300 million guns already in america. the president stressed that this is going to be a tough fight. that was clear after the national rifle association released this television ad.
CSPAN
Jan 14, 2013 8:00pm EST
to grow this economy and put people back to work. and despite that conversation, and despite the election results, the position that's been taken on the part of some house republicans is that, "no, we've got to do it our way, and if we don't, we simply won't pay america's bills." well, that can't be a position that is sustainable over time. it's not one that's good for the economy now. bes certainly not going to the kind of precedent that i want to establish not just for my presidency, but for future presidents, even if it was on the other side. democrats don't like voting for the debt ceiling when a republican is president, and yet you -- but you never saw a situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100 percent of our way. that's just not how it's supposed to work. jon karl. >> thank you, mr. president. on the issue of guns, given how difficult it will be -- some would say impossible -- to get any gun control measure passed through this congress, what are you willing or able to do, using the powers of your presidency, to act withou
CSPAN
Jan 21, 2013 8:30pm EST
say i am ready to start writing. i started this book the essentially the day after obama was elected president that's when i decided i'd got to do this book. i'd written a few pieces for "the washington post" before that so i had a basis of research particularly on his mother, and i think when i get home from this incredible journey i will have the kansas side of the story pretty much completed and that's where the story begins, it's a weaving these incredible worlds that helped create this person. >> host: who came up with the title? >> guest: i did. i was just bouncing around of africa and then i set out of africa come out of dalia, kansas, indonesia, chicago, out of this world. the book is two things it's the world that created obama and then how he recreate himself so i'm not sure the proportions yet and will be important to get it right but perhaps even the first half of the book the main character isn't even on the stage yet and the second act of the book is largely chicago with his education in california, new york and boston thrown in some but largely chicago and that is when
CSPAN
Jan 17, 2013 7:00am EST
, people who are bureaucrats, people who are elected officials -- anyone. you cannot have a two tiered system where half of the people that are just civilians have to abide by the laws and everybody else does not. one of the most important factors that each firearm as the president said is being traced. it has to be done at every level. there is nothing to stop a bad cop -- let's say there is one cop who is bad that can stop a criminal with a stolen gun and give it to a friend, keep it, or trade it. all of these firearms, if they are going to go into the process of tree's ability, then it has to be seamless and transparent. no. two, the high-capacity magazines that everybody castigates so strongly, let me tell you something. if you live in a bad area, an area where there are gang members that cruise by your neighborhood all of the time, you do not want to be stuck with a single barrel shotgun or a single shot shotgun. you need to have the ability to protect your family and your friends and your neighbors. as a result of that -- began does not shoot people, you shoot people. -- the gun
CSPAN
Jan 17, 2013 8:00pm EST
dynamics on the hill. a republican house that was elected within their districts by large margins and president who won an election. how do we bridge the gap? how do we actually get the deal done. >> we have a system that is incremental in nature. we're not a parliamentary system where, if you control the government, you can move very quickly and aggressively. i have always said that the american politics is played on the 40-yard line. and both sides feel very strongly about their philosophical position. but there is a deep identity of interest that i think needs -- leads to premature should lead to agreement. if you're the president of united states, there are two events that you know may occur in the next four years, which could totally derail your capacity to do the of the things you want to do about the nation, your positive agenda. the first is the terrorist and weapons of mass destruction. i think this president has been dedicated to intelligence gathering and his use of various capabilities to reduce that threat. and secondly, the issue of the financial crisis driven by the
CNBC
Jan 15, 2013 4:00am EST
/2 points. whoever wins the elections may not be able to -- and, ross, this is probably key for markets, at least, to hold a stable government. >> and we'll have have to deal with reform programs. >> meanwhile, the regular number of political row goes have been committed for approval ahead of next month's election necessitily. they have received 215 applications from an array of national local parties, movements and associations all pushing a variety of causes. these include the black rose movement for right wing game, the poets in action party which advocates representation for poets in the italian parliament, why not for the first time in italian history. they will have a chance to support their favorite football teams in italian government, as well. >> look, just the idea of having more poets, i like. but before continuing on that theme, i want to bring you the results of spain's auction. it is out. the country has sold 3.25 billion euros of 12-month bills and 2 1/2 euros of 18-month bills. roughly in line with what we saw the last time, 2.2% and 2.7% respectively. it's still waiting
CNBC
Jan 18, 2013 6:00am EST
. but not a real spike as sometimes you get with a re-elected president who benefits from the absence of bad feeling once the election is over. he's doing a little better, but he only moves in a narrow band. republicans or the congress, rather, is doing much, much worse. you see the approval rating for congress. it's only 14%. 81% disapprove of congress. that is epically bad and it shows the president has a bit of a strength in hand as he goes into the budget talks. so does this final number that i want to run through, which is if the budget talk fails, the debt limit is not raised and if there are consequences for the united states not meeting its obligations, who would you blame? 45% say they would blame republicans in congress. only 33% say they would blame pb and democrats. the bully pull pit has some value. democrats have a better image with the american people than republicans do. but nobody has a great image right now. and when we asked people, joe, the recent budget talks in washington over the fiscal cliff do they make you feel more confident or less confident about economic recover
CSPAN
Jan 15, 2013 9:00am EST
it is their constituents who need those jobs, and that's primarily how they're elected. so they're going to want to attract businesses there. and then the last point is what the federal, um, government should focus on is the underlying business climate for manufacturers. i'd be remiss if i didn't say representing manufacturers for five years that the corporate tax rate and the cost, sometimes unknown cost at the times their their -- they're passed still need to be dealt with. again, freeing up those governors and mayors to create the best business climate possible for manufacturing jobs. and finally, there's always one more, isn't there? i think we have a huge failing in our education system. >> uh-huh. >> yes, it is world class, but the land grant colleges and universities have lost sight of their morrell act vision. they're still operating on the original one, and it's all about how they can change. our k-12 system is producing graduates where one of our primary manufacturers in the u.s. told me just a year ago 54% of the people who walk in his door can't read the employment application to fill it out. s
FOX News
Jan 17, 2013 12:00pm PST
the years, he has a mandate from this election, his detractors disagree but he is probably going to try to say this is a critical moment, we can come out of the abyss, we can come together some change things. it's just going to be hard to get to a point where it really resonates with people because, as i said, our government right now is really kind of paralyzed. >> in the end, as historians often write, it's the deeds that supersede the word. we look forward to your commentary on inauguration day. >> a reminder, amy will be joining shepherd on monday. tune into the big fox network at 11:00 a.m. eastern, and back on the fox news channel at 3:00 p.m. eastern. this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. >> announcer: you
CSPAN
Jan 18, 2013 8:00pm EST
purposes. >> i just want to say the whole business about people use today is mitt romney lost the election with the whole horse and bayonet. i wish would stay away from that because the president said were not using bayonets anymore. so it's a different weaponry, but the other thing missing here i think when i talk about overreach, the e-mail you read in general kristol's observation is people say, why do you need an assault weapon? nobody needs an assault weapon, but that's not the issue. by somebody in this country need to have a trial by jury? by somebody who's robbed a bank need to have the fourth amendment having a search warrant before you issue? nobody needs those things. the issue as they were enshrined in the constitution. so you have to make sure you work with what the supreme court has said. the right to bear arms is an individual right. the first of all affect the value can you can have reasonable restrictions, so the path forward for responsible legislators is to find out what the reasonable restrictions are that save lives. i think the taking of when human life is a horrible
CNBC
Jan 15, 2013 9:00am EST
had the outcome of the super committee, and also of the general election of the presidential and congressional elections in november. we've gotten past that point now. and our concern is more of around the predictability and the reliability of the economic policies in the united states. they're staggering every few months from one self-imposed crisis to another. we don't think the u.s. is going to default, let's be clear. ultimately it will do what needs to be done in order to make payments. but you can't keep moving from these self-imposed crises to another. while not addressing the underlying -- >> hang on a minute. you're saying you don't think the united states is going to default. when i look at interest rates on treasuries, the treasury doesn't think they're going to default. why downgrade the united states? >> because a key characteristic and a key feature of a aaa -- any aaa issuer is that it has a consistent and predictable financial debt management policy. and as i say, moving from -- staggering from one self-imposed crisis to another, while not addressing the longe
CNBC
Jan 16, 2013 4:00am EST
in 2013 is like. i guess my answer to that would still be no. fiscal cliff issues, europe, the election, tropical storms, et cetera, and there's still no real clarity on what the business models, investment banking are going to look like as we head toward three. it's going to be much better numbers than a year ago. numbers are going to be slightly down versus the third quarter. and -- to my mind, there's still really nothing we'll be able to take away from the numbers in terms of -- >> which is frustrating because we're at a time when we are trying to re-evaluate what the model is going to be, what earnings will look like going forward. in your view, what is -- what is the investment case for these investment banks today? >> well, the investment case for an investment bank is that when they work very well, they are extremely capital -- if i advise a company and get a fee for ecm or m&a deal, it requires no capital, and i get a lot of money. that's very attractive. the second thing is that one thing your viewers may not realize, banks are more cyclical than people believe, even investmen
CNN
Jan 16, 2013 11:00am PST
, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is if you -- if the administration tried to put mahmoud abbas and benjamin netanyahu down together, right now, or in february, at the negotiating table, the gaps between them are so large that they simply cannot be bridged and the u.s., yet again, will be revealed as an emperor without clothes. >> and when we come back, we'll talk to chris lawrence from the pentagon, get new information here about this hostage situation in algeria. this is this north african country where we're now hearing, confirmed by the state department, 40 hostages, being called an act of terror by leon panetta, the defense secretary. as many as seven of them could be americans. more breaking new
FOX News
Jan 17, 2013 8:00am PST
republicans. this debate will divide democrats. democrats in conservative red leaning states up for re-election in the senate. they will not be voting for an assault weapons ban. assault weapons ban simply doesn't have vote to pass. other things done, background checks, restrictions on high past magazines? absolutely. tough spot for harry reid. he wants to keep the majority and republicans feel that democrats could overreach. this could be a political win for them. but the president will push very heart, no doubt about it. jon: he says he will push very hard. he promised that yesterday. he will do everything in necessary power to get things done. one of the things in his power is pick up the phone and call harry reid i need this out of the senate. i need to you approve this. >> that's right. the president will have to make some calls to these conservative-leaning democrats who will be on the fence. that is not something he did in his first term. he will have to really push this. this could be a win-win for the white house they ask for everything, don't get everything and blame congress for only
CNBC
Jan 16, 2013 9:00am EST
on the election. >> we'll try something. >> the country, the republic is in repeated crisis. you have a president saying -- he said, okay, what happens if the president doesn't have a crisis after the debt ceiling? what are you going to do if he says, listen, we're just going to go back to being like washington? that was interesting. >> we can talk about fundamentals. the economy will be picking up. housing likely to get in on it. >> maybe we're actually breaking -- maybe the valuations aren't -- >> based on what? >> come on, under wells fargo? >> michael dell, and suddenly, mr. skeptic -- >> overheated debt market, that's always a good sign for an economy. that's always a sign that things are getting a lot better. >> it's been getting overheated since 1979. >> big lbos. that worked out real well. no, i'm just -- there's housing, sales of pickups. sales of cars in europe for 2012, not so good. we'll talk about that. >> germany, the bmw sales, volkswagen sales. one of my cousins in mexico is near a bmw, new plant. the germans are down. they're buying like crazy. germany business, good. rest of the
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